<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html xmlns="http://www.w3.org/1999/xhtml">
<head>
<meta http-equiv="Content-Type" content="text/html; charset=UTF-8" />
<title>Altima Asset Management: Overview</title>
<link href="stylesheet.css" rel="stylesheet" type="text/css" />
<style type="text/css">
<!--
.style20 {	color: #000000;
	font-size: 10px;
}
.style24 {font-family: Arial, Helvetica, sans-serif}
.style29 {font-size: 10px; color: #000000; font-family: Arial, Helvetica, sans-serif; }
-->
</style>
</head>

<body>
<table width="1000" border="0" cellpadding="0" cellspacing="0">
  
  <tr>
    <td valign="top" bgcolor="#5FBCE0" class="blue_block">&nbsp;</td>
    <td bgcolor="#FFFFFF"><img src="images/altimalogo.jpg" width="200" height="120" /></td>
    <td colspan="5" bgcolor="#FFFFFF"><table width="100%" border="0" cellspacing="0" cellpadding="0">
      <tr>
        <td><img src="images/kremlin.jpg" width="595" height="120" /></td>
        <td width="26%"><img src="images/teralogo.jpg" width="200" height="120" /></td>
      </tr>
    </table></td>
  </tr>
  <tr>
    <td valign="top" bgcolor="#5FBCE0" class="blue_block">&nbsp;</td>
    <td width="160" bgcolor="#5FBCE0" class="blue_block">&nbsp;</td>
    <td bgcolor="#5FBCE0" class="blue_block">Altima Asset Management</td>
    <td bgcolor="#5FBCE0" class="blue_block">&nbsp;</td>
    <td width="318" colspan="3" bgcolor="#5FBCE0" class="blue_block">&nbsp;</td>
  </tr>
  <tr>
    <td width="5" valign="top" bgcolor="#00865F" class="green_block">&nbsp;</td>
    <td bgcolor="#00865F" class="green_block">&nbsp;</td>
    <td width="308" bgcolor="#00865F" class="green_block">Overview</td>
    <td width="9" bgcolor="#00865F" class="green_block">&nbsp;</td>
    <td colspan="3" bgcolor="#00865F" class="green_block">&nbsp;</td>
  </tr>
  
  <tr>
    <td height="618" valign="top" bgcolor="#00865F" class="green_block">&nbsp;</td>
    <td align="center" valign="top" bgcolor="#FFFFFF"><table width="100%" height="356" border="0" cellpadding="0" cellspacing="0" bordercolor="#FFFFFF" class="navigation_justification">
      <tr>
        <td height="321" valign="top"><p class="navigation_main_item_link"><a href="index.html" target="_self" class="navigation_main_item_link">Home</a></p>
            <p class="navigation_main_item_open_top">Altima Asset Management</p>
            <p class="navigation_sub_item_open">Overview</p>
            <p class="navigation_sub_item_link"><a href="aam_advisory_board.html" target="_self" class="navigation_sub_item_link">Advisory Board</a></p>
            <p class="navigation_sub_item_link"><a href="aam_private_portfolios.html" target="_self" class="navigation_sub_item_link">Private Portfolios</a></p>
            <p class="navigation_sub_item_link"><a href="aam_team.html" target="_self" class="navigation_sub_item_link">Team</a></p>
            <p class="navigation_sub_item_open"><br />
            </p>
            <p class="navigation_main_item_link"><a href="tcf_strategy.html" target="_self" class="navigation_main_item_link">Tera Capital Fund</a><br />
            </p>
            <p class="navigation_main_item_link"><a href="why_russia.html" target="_self" class="navigation_main_item_link">Why Russia</a><br />
            </p>
            <p class="navigation_main_item_link"><a href="news_events_news.html" target="_self" class="navigation_main_item_link">News/Events</a><br />
            </p>
            <p class="navigation_quicklink_item_link"><a href="tcf_monthly_factsheets.html" target="_self" class="navigation_main_item_link">Fact Sheets & Newsletters</a></p>
            <p class="navigation_quicklink_item_link"><a href="news_events_awards.html" target="_self" class="navigation_main_item_link">Awards and Rankings</a></p>
            <p class="navigation_main_item_link"><a href="site_map.html" target="_self" class="navigation_main_item_link">Site Map</a></p>
            <p class="navigation_main_item_link"><a href="contact_us.html" target="_self" class="navigation_main_item_link">Contact Us</a></p>
            <p class="navigation_quicklink_item_link">&nbsp;</p>          </td>
        </tr>
    </table><p class="style24"><img src="images/WFHedgeFunds11.gif" width="150" height="150" alt=" World Finance" longdesc="images/WFHedgeFunds11.gif" /> <br>Most Innovative Fund<br>of Funds in the World</p></td>
    <td colspan="5" align="center" valign="top" bgcolor="#FFFFFF"><table width="100%" border="0" cellpadding="4" cellspacing="0" class="box01">
      <tr>
        <td height="618" align="left" valign="top"><table width="100%" border="0" align="left" cellpadding="4" cellspacing="0">
          <tr>
            <td height="592" align="left" valign="top"><p class="text"><br/>Altima Asset Management (AAM), a professional investment manager, launched Tera Capital Fund in April 2005. TCF is a US dollar-denominated Cayman Islands registered fund of funds that invests in funds and fund-management companies based and/or investing primarily in Russia. It is designed for investors who are interested in investing in that target market without taking on the risk of investing in a single fund.
<br/><br/>
It is the only fund of funds in the world aimed directly at this geographic target market.
<br/><br/>
It is the only fund of funds in the world of which AAM is aware that pays no management fee whatsoever - only a success fee.
<br/><br/>
Its strategy has proven to be a tremendous success, with Tera performing very well in up markets and outperforming all indices and almost all other funds with a similar profile in down markets. As a result, its Sharpe Ratio is among the highest of all similar funds, and has been significantly higher than every major Russian fund. Consequently, Tera has frequently been ranked among the top ten funds of funds in the world by Eurekahedge, which ranks over 22,000 investment funds, including 2,500 funds of funds, more than 70 times since inception in terms of annualized performance, performance YTD and monthly performance.</p>
              <p class="text">&nbsp;</p>
              <p class="text">&nbsp;</p>
              <p class="text">&nbsp;</p>
              <p class="text">&nbsp;</p>
              <p class="text">&nbsp;</p>
              <p class="text">&nbsp;</p>
              <p class="text">&nbsp;</p>
              <p class="text">&nbsp;</p>
              <p class="text">&nbsp;</p>
              <table width="100%" border="0" cellspacing="0" cellpadding="4">
                  <tr>
                    <td><div align="center"><span class="rights_reserved style30">All rights reserved. &copy; 2010, Altima Asset Management.</span></div></td>
                  </tr>
                </table>
              <p align="center" class="text"></p></td>
          </tr>
        </table>
          <p class="text">&nbsp;</p>
            <p class="text">&nbsp;</p>
          <p class="text">&nbsp;                    </p></td>
      </tr>
    </table>
    </td>
  </tr>
</table>
<p>&nbsp;</p>
<p class="background_image">&nbsp;</p>
<script type="text/javascript">
var gaJsHost = (("https:" == document.location.protocol) ? "https://ssl." : "http://www.");
document.write(unescape("%3Cscript src='" + gaJsHost + "google-analytics.com/ga.js' type='text/javascript'%3E%3C/script%3E"));
</script>
<script type="text/javascript">
var pageTracker = _gat._getTracker("UA-4448505-1");
pageTracker._initData();
pageTracker._trackPageview();
</script>
</body>
</html>
